China on Monday launched trading of the yuan-denominated crude oil futures contracts at the Shanghai International Energy Exchange, which is the first futures listed on China's mainland to overseas investors.
China launches crude oil futures trading
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Merkel, Xi agree to work on steel overcapacity
German Chancellor Angela Merkel and Chinese President Xi Jinping discussed overcapacity in world steel markets and agreed on Saturday to work on solutions within the framework of the G20 group of industrialized nations, Merkel's spokesman Steffen Seibert said.
Crude oil futures to boost pricing power
China's plan to launch crude oil futures on March 26 will enable it to develop its own benchmark for oil pricing in addition to current global benchmarks, said Jonty Rushforth, senior director of the energy price group at S&P Global Platts, an energy industry information service provider.
Gains galore for steel companies from B&R drive
Chinese companies should play a bigger role in global steel production and trade, rather than just export basic products, and utilize the Belt and Road Initiative for expanding reach, a top industry official said.
China rejects Canadian accusation of steel dumping
China dismissed steel dumping accusation from Canada and called on global cooperation to tackle the global issue of steel overcapacity.
MNCs eyeing Belt, Road benefits
More international firms looking to team up with Chinese counterparts
China firmly opposes U.S. tariffs on steel, aluminum
China on Friday joined global condemnation of the U.S. decision to impose heavy tariffs on steel and aluminum.
China speeds up research on combustible ice in S China Sea
Scientists launch research effort into combustible ice
Commerce Ministry says US tariffs 'wrong move'
Aluminium foil duties 'against WTO practices'
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